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What a shock!

Jobing.com Arena, home of the Coyotes. The lease agreement of the Arena was cited as one reason for the failure of the franchise. (Photo credit: Wikipedia)

Greg Jamison still doesn't have enough money to buy the Phoenix Coyotes from the NHL. I wrote seven months ago that the former executive of the San Jose Sharks couldn't get prospective investors to buy into his game plan even with a new, sweetheart lease for Jobing.com Arena from Glendale.

Look for the team to move to Seattle if the sale of the Sacramento Kings to hedge fund manager Chris Hansen and Microsoft CEO Steve Ballmer is finalized. The NBA team's prospective new owners want to move the Kings to Seattle where they plan on opening a new arena in two years. Two teams in one building is better economics.

Quebec, the former home of the Colorado Avalanche, has also been mentioned as a viable place for the Coyotes to go. It is. Quebec City has broken ground on a new arena. But NHL commissioner Gary Bettman wants the league to be coast-to-coast. And with Jets moving from Atlanta to Winnipeg last season the NHL doesn't want its sponsors and U.S. television partner, NBC Sports, thinking the league is contracting geographically.